BTC Isn't Panacea, CEO Ripple Says

CEO Ripple said that the BTC blockchain is "quite slow," whereas XRP transactions are "a thousand times faster"
06 June 2018   2611

Brad Garlinghouse from Ripple told CNBC that Bitcoin wouldn't solve the problems that people thought it would.

I think it's (bitcoin) not going to be the panacea that people once thought it would be, where it would solve all of these different kind of problems... Instead, you're seeing specializations of different kind of ledgers, different kinds of blockchains.

Brad Garlinghouse

CEO, Ripple

Garlinghouse noted that XRP transactions are "a thousand times faster" than bitcoin's, which he called "rather slow."

It is true that bitcoin is much slower. During the interview, the average BTC transaction was 42 minutes according to, while XRP transactions take about four seconds, although it should be noted that the Bitcoin trade volume is much larger than that of XRP.

Well, I don't really think about it as one versus the other. I mean, it's actually unfortunate, I think, that there's some people in this, the crypto space, the blockchain space — for them, it's almost a holy war of one versus the other. I don't look at that at all. I think that what we're seeing is the overall growth of this space and there will be many winners.

Brad Garlinghouse

CEO, Ripple

At the moment, Ripple is prosecuted in lawsuits by a person who lost money in XRP trading and who now claims that the company has violated the US Securities Act.

Coincheck Users to Earn Crypto For Survey Participation

Coincheck Survey service is going to be launched on 10th of September
04 September 2019   898

The leading Bitcoin exchange in Japan, Coincheck, together with marketing company Macromill, will launch the Coincheck Survey service, which will allow users to earn points for participating in surveys, and then exchange them for cryptocurrencies. This was reported in a press release by the Monex Group, the parent company of the exchange.

In particular, the points obtained from passing the polls can be exchanged for Bitcoin, Ethereum and Ripple.

Note, in order to participate in the surveys, you must have an account on Coincheck.

The launch of the new service is scheduled for September 10.